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Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates
Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is $134,000. Assume the standard deviation is $32,000. Suppose you take a simple random sample of 50 graduates. Round all answers to four decimal places if necessary.
- For a single randomly selected graduate, find the probability that her salary is between $133,212 and $136,475. Incorrect
- For a simple random sample of 50 graduates, find the probability that the average salary is between $133,212 and $136,475. Incorrect
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